EUROPEAN URANIUM RESOURCES LTD V.EUU

Unfortunate for a promising company

[Mac1977]

When I bought in to tvc I loved their uranium deposit. Best grade outside of the basin. Seventy percent nuclear power in Slovakia sadly it hasn't panned out   Anything in Russia scars me. Having been there a few ago and experiencing the Russian nation gives me a bad feeling about Euu choice. Grades and deposit may be great but Russia is a small step away from being a mob. State. They inprission CEOs, state sanctioned murder. Will be selling my position.  For those that hold maybe something will come of the legal case.  Good luck.

[HobbyDigger2]

Hi Mac, I m on the same opinion like you, but not selling now at the low. Could be better to wait a couple of  weeks/month  if the deal goes on and more news abt timetable are on the desk. What I m asking is why was there no buyer from the russians if grades are so good ? best HD

[Itsagusher]

Mac, I am no fan of Vladimir Putin but the fact is that the Russian Federation are bending over backwards to help the mining industry at the moment, particularly in the region which EUU are now buying into. Take a look at this news release for one of the UK based companies I am invested in today and you will see what I mean: https://www.iii.co.uk/research/LSE:AMC/news/item/1865758/heads-terms